ScenarioThe global ISO container market has been advancing at a steady rate and is expected to exhibit a CAGR of 5.60% over the forecast period, projects Market Research Future (MRFR) in an exhaustive study. ISO shipping containers are made according to ISO specifications and the need to comply with ISO standards has triggered the growth of the global Shipping Container Industry.
Segmentation
The global [FURL=https://www.marketresearchfuture.com/reports/iso-shipping-container-market-5033]Shipping Container Industry[/FURL] has been segmented based on type and application. By type, the market has been segmented into Standard Dry Container, High Cube Dry Container, Refrigerated Container and High Cube Refrigerated Container. By application, the market has been segmented into Food Transport, Consumer Goods Transport and Industrial Transport.
Competitive Landscape
Sea Box Inc., Hoover Container Solutions Inc., Evergreen Marine Corporation, SINGAMAS, CIMC, CXIC Group, Hapag-Lloyd, Charleston Marine Containers, Inc., Maersk Container Industry A/S, Shanghai Universal Logistics Equipment are the prominent players operating in the global Shipping Container Industry.
Regional Analysis
Regionally, the market has been segmented into North America, Europe, Asia pacific, and the Rest of the World. Asia Pacific, led by China, is one of the strongest market for global ISO shipping containers. Rapid industrialization in China along with supportive policies for international trade supports the growth of the market in China.
Europe too is a strong market for ISO shipping containers. Moreover, various regulatory authorities are working towards strengthening export capacity across various industries which fuels the growth of the global Shipping Container Industry in Europe.
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